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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Investment properties
1378 Washington St Stoughton, MA 02072-3382
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1699212
Property summary
AI-generated overview
This exceptional Stoughton, MA commercial property presents a unique investment opportunity. Situated on a one-acre lot at 1378 Washington Street, this multi-use building offers diverse income streams. The property includes a two-bedroom house currently rented for $1,650 per month (tenant at will), featuring one and a half bathrooms. Additionally, a 300-square-foot office space at the front of the building generates $500 in monthly rent. A detached garage, previously rented for $2,000 per month, includes office space and a loft area with a half-bath. The garage is currently vacant and available for immediate lease. Please note that the property includes wetlands at the rear. The building is sold "as is," reflecting its current condition. The property is zoned for general commercial use, with a town-imposed restriction prohibiting auto repair operations. This property offers significant potential for rental income and future development, making it an attractive investment for discerning buyers. The asking price is $550,000. The square footage of the main building is not currently available.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1925
Construction
FRAME
Total area
1,750 SF
Lot
0.92 ac (40,001 SF)
Zoning code
I
APN
STOU M:0051 B:0171 L:0000
UPID
US38-1699212
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Weddings & Events Galour | Stoughton MA Event Planning Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$631k
Blend (final)
Blend
$535k
Owner & transaction history
1378 Wa Ventures LLC · 3 yrs held
1378 Wa Ventures LLC
since 2023
Last sale
$512,500
7 recorded transactions
Zoning & alternative use
I · Stoughton, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$565,000
+38.0%
Retail stores
$510,000
+25.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Stoughton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stoughton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$630,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$410,000
Current use
AUTO REPAIR, GARAGE
$565,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$510,000
Change: +26% · Conversion: Easy
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $513k (Jun 21 2023)
Last sale anchor
$513k
Jun 21 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$306 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Assessed value
$466,200
Assessed 2024
Previous assessed
$449,200
+3.8% YoY
Assessed land
$187,500
Assessed improvement
$278,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1925
Construction
FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
2
Units
2
Total area
1,750 SF
Lot
0.92 ac (40,001 SF)
Zoning code
I
APN
STOU M:0051 B:0171 L:0000
UPID
US38-1699212
Jurisdiction
STOUGHTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Stoughton, MA
Zoning I · permitted uses
I · Stoughton, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stoughton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$410,000
AUTO REPAIR, GARAGE
Est. value
$565,000
RETAIL STORES
Est. value
$510,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
2
Buildings
2
Units
2
Lot
0.92 ac
Current owner
From public records · entity-resolved
1378 Wa Ventures LLC
Entity
Mailing address
1378 WASHINGTON ST, STOUGHTON, MA 02072-3382
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$512,500
1378 Wa Ventures LLC
1378 Washington St LLC
Quit Claim Arm's Length For Ne States
$391,875 · Onelocal Bank
Mar 26, 2021
—
1378 Washington St LLC
Jazsan RT
Quit Claim Deed
related
—
Jun 6, 2007
—
Jazsan RT
—
Deed Of Trust
related
$225,000 · South Shore Bank
Nov 6, 2002
—
Jazsan RT
—
Deed Of Trust
related
$188,000 · Rockland Trust Co
Dec 10, 1998
$209,000
Jazsan RT
Ernst,jeff Tr
Grant Deed
$152,000 · Rockland Trust Co
Dec 10, 1998
—
Jazsan RT
—
Deed Of Trust
related
$48,000 · Rockland Trust Co
Oct 17, 1997
—
C Nt
—
Deed Of Trust
related
$25,000 · Zwi Kohorn
Sep 10, 1997
$190,000
C Nt
Piazza,william C Tr
Grant Deed
$165,000 · Zwi Kohorn
Oct 11, 1995
$131,000
Shanna RT
Welcourt RT Est
Grant Deed
—
Sep 23, 1988
—
Wilcurt RT Two
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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